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Hong Kong lawmakers began a debate on Wednesday on a Beijing-backed electoral reform proposal that will define the city's democratic future and could trigger fresh protests in the Chinese-controlled city.

Bondholders of gun maker Colt ripped into the bankrupt company's private equity owner in a court hearing on Tuesday, saying the firm sped up its decline by starving it of cash and investment.

The head of a U.S. agency that fell victim to cyber attacks defended its performance on Tuesday against withering criticism from lawmakers furious about a breach that compromised the personnel files of millions of federal workers.